David Marcus: Libra Cryptocurrency is not a Threat to Sovereign Currencies

David Marcus: Libra Cryptocurrency is not a Threat to Sovereign Currencies
ôîòî ïîêàçàíî ñ : btcmanager.com

2019-9-17 20:32

Facebook executive David Marcus, has come out to debunk reports about the Libra cryptocurrency being a threat to sovereign currencies, in a thread on September 16, 2019.   Working With, Not Against There have been reports that Facebook’s cryptocurrency, libra, was created to threaten sovereign currencies of nations.

This sentiment is mostly shared by the FrenchRead MoreRead More. The post by Anthonia Isichei appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\.

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WEF ‘Resetting Digital Currencies’ Panelists Reveal Reasons for Cryptocurrency Reticence

The topic of cryptocurrency has already found brief mentions earlier in the Davos sessions. But this time, with a few separate panels, the discussions are getting more comprehensive. Cryptocurrency Not a Fraudster’s Favorite Tool The opening session titled “Resetting Digital Currencies” focused on “the opportunities posed by the rise of digital currencies.

2021-1-29 13:10


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Legacy Trust Brings Cryptocurrency to Pensioners

Custody firm Legacy Trust announced the launch of a digital asset-based pension plan to allow the public to hold crypto for their retirement corpus. As per Coindesk, September 4, 2019, the Hong Kong-based firm will offer the scheme to employees of participating firms and self-employed individuals through an underlying portfolio of cryptocurrencies and fiat currencies.

2019-9-6 19:00


1irstcoin LLC: World’s leading application for cryptocurrency trading

Disclaimer: This a paid post, and should not be treated as news/advice. The problem with trading and acquiring cryptocurrencies is well known and always presents itself as follows, “Where can I purchase crypto currencies safely, quickly, and easily, and above all, at a reasonable price?” The practice turns out then with their answer mostly difficult, […] The post 1irstcoin LLC: World’s leading application for cryptocurrency trading appeared first on AMBCrypto.

2019-8-29 17:40


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Facebook hires lobbying firm to help sweet talk cryptocurrency regulators

Facebook‘s “cryptocurrency” Libra is facing an ever growing mountain of regulatory challenges. It seems it needs a helping hand, as it’s hired a specialist firm to lobby Washington directly. According to registration documents filed earlier this week, Facebook will be represented by Washington, DC-based FS Vector LLC, a firm that specializes in regulatory compliance and public policy.

2019-8-27 14:31


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Rwanda Studies CBDCs To Minimize Transaction Cost and Maximize Output

The Rwandan Central Bank is interested in exploring central bank digital currencies to reduce the costs associated with transacting by optimizing efficiency. As per BNN Bloomberg, August 22, 2019, Rwanda’s Central Bank looks to authorities in Canada, Singapore, and Holland for inspiration as they have successfully studied the applications of blockchain.

2019-8-23 11:00


Binance Jumps into the Astrological Waters of Stablecoin With its New Project Dubbed “Venus”

Binance, the world's largest cryptocurrency exchange has announced a new project dubbed “Venus” that will develop digital assets pegged to fiat currencies around the world aka stablecoins. This stablecoin initiative of the exchange will see the firm utilizing its proprietary Binance Chain network— that uses “distributed proof of stake” consensus model” — and international payment […]

2019-8-19 16:19


Binance to launch a blockchain for fiat-backed stablecoins, but who even cares?

Cryptocurrency exchange Binance has been announced launch of a new blockchain and it’s called project “Venus. ” I’m not sure why it chose that name because Venus has no moons. Sad. In an announcement published this morning, Binance described Venus as an “initiative to develop localized stablecoins and digital assets pegged to fiat currencies across the globe.

2019-8-19 15:16


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Cryptocurrency and Blockchain Regulations Clarified in Rocky Mountain U.S. States

In a bid to provide regulatory clarity to issuers and buyers of distributed ledger technology (DLT) based virtual currencies in the area, Wyoming, Colorado, and Montana states have taken the bold step to draft bills pertaining to the use of bitcoin and altcoins,  reports Natlawreview  on August 1, 2019 The Pro-Crypto Trio Per sources closeRead MoreRead More.

2019-8-3 01:00


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Former chief of the U.S. CFTC joins Paxos board of directors

Christopher Giancarlo, former CFTC chief has joined Paxos board. Giancarlo’s advocacy for blockchain innovation aligns with Paxos’ mission for regulated solutions. Paxos aims to drive financial sector innovation with Giancarlo’s guidance on board.

Hyperinflation Warning: US Bizman, Author Tells Businesses To Stack Bitcoin

Robert Kiyosaki, the author of the bestselling personal finance book “Rich Dad, Poor Dad,” has fired another financial warning shot, this time targeting the US dollar and a potential challenger – a gold-backed stablecoin from the BRICS nations (Brazil, Russia, India, China, and South Africa).

Stablecoin Surge: Tether's Headroom for Growth

The stablecoin already enjoys a dominant position in stablecoins and its integration with the TON (Telegram) network could boost it further, says Sylvia To, head of partnerships and token research at Bullish.